Hivemind: Trump's Clean Sweep, the Bitcoin Reserve, and Finding the Fastest Horse
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Think the the biggest other source of bullishness, which is is insane and and, like, hard to price in because of how significant it would be is the Bitcoin Reserve. Right? If if that's even a slight probability, then, like, everyone else kinda needs to front run it. And so it's it's hard to see a world where we're not just kinda going up for a while.
Now we can finally see if this industry can come up with anything besides number go up technology and number stay flat technology. Like, Bitcoin and stablecoins seem to be the 2 things that have product markers market fit and that we've made. I think a lot of us in the industry have used the regulatory environment as our main reasoning for why there haven't been more mainstream consumer apps. And so this is kinda now these next 4 years are are kind of the the place to prove it and see if that's true or if it'll always just be a giant casino.
Nothing said on the hive mind is a recommendation to buy or sell securities or tokens. This podcast is strictly for informational purposes only, and any views expressed by anyone on the show are solely our own opinions, not financial advice. Hello, everyone, and welcome to another episode of the Hivemind podcast. Today with us, we have our usual crew, Ceterus, Duncan, Yan, and and myself, Jose. So we're recording here on November 7th. We're so back. Trump has has has won the election with with a clean sweep. I'm gonna hand it over to our resident American on the podcast, Jan, to to cover what
No. Great day for crypto. I think this outcome, if you were following things, was pretty obvious. It it I think markets had a meta at a decent favorite, and and, you know, if you kinda just think about the the the shift to the voter base and and, you know, where people were 4 years ago, it was pretty clear that that he was in a good position to win pending, you know, shenanigans and a bunch of other stuff. But so the end result is that we have a a Trump victory. And then in addition, you have, you know, sweeps across the the house and the senate. So previously, the senate was, blue and the hou
could be. I think we're going from sideways chop to upwards chop. And, yeah, it's basically, like, fastest horse season where you get angry if you're not on the fastest horse. Yeah. It's hard to see, like, any downs. Like, I'm talking, like, for crypto from this outcome. The only thing maybe is, like, I've been reading a bunch that, like, interest rate cut expectations now with Trump are, like, kinda cooled off a bit. So you can maybe see that as, like, the one negative, but, like, all the other factors are just, like, way over power at that. I don't even think you have to worry about like, yo
think it depends
on the reserve probably. Right? Like, it's it's hard to see if it Yeah.
If yeah. But even still, that's not coming for a few months. But,
like, what were the reserve? Like, so you're probably like, the reserve is so ludicrous. Yeah. Like, would it be actually absurd? So, like, you said there's Polymark and all of that. Like, what is the like, does anyone actually know what if that's even a real possibility? Yeah.
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